Filed under: bees | Tags: bees, honey harvest, operating costs, urban, value
Wow, who knew? Check out this interesting analysis. Apparently having honey bees is a great economic decision. We were just interested in helping with pollination in the garden.
According to Joshua Levin, while the startup costs are a bit large (he comes up with 465.00 and 100.00 in yearly maintenance costs), after a first year harvest of 15 pounds (that stuff we couldn’t bear to steal from our girls), each hive will produce 100 pounds of honey. Commercial honey is about 4.00 a pound, and you can get from 15-22 a pound for fancy honey. You know, local terroir and all that. Guess we’d need to make some good labels to charge that much. Anyhow he does the ongoing calculations and comes up 1400 a year (after costs) in profit. He does some analysis and says that if you think of the hives as a bond (with yearly payout), they have a present value of 18,000 per hive!
Who knew our biggest asset would be a beehive? Weird!
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